$XRP
/USDT – Recovery Momentum Building Up Strongly
$XRP is showing signs of an emerging rebound as it hovers at $2.2157, within a 24H range of $2.1235–$2.2389. Although RSI (1H) sits at a neutral 49, the Stoch RSI indicates a near-oversold condition—hinting at a potential bounce opportunity. Despite visible sell-side bias, volume remains robust at 333.55M USDT, signaling active market participation.
Key Technical Outlook:
Buyers are defending $2.18; any breakdown could expose $2.12.
Sellers remain aggressive near $2.23–$2.24, acting as resistance until reclaimed.
Entry Strategy: Either scalp near $2.18 support with tight stops or wait for a confirmed breakout above $2.24 to enter momentum trades.
Target Zones:
1. $2.24 – Breakout trigger
2. $2.31 – Previous resistance
3. $2.40 – Momentum extension target
Watch the 1H close above $2.24 — that could unlock bullish continuation. Stay nimble and manage risk in this range-bound setup.
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